Archive for the ‘Business’ category

Euro zone: data deepens debate over ECB outlook

February 23rd, 2018

Euro zone: data deepens debate over ECB outlook
Foreign trade drove a robust expansion in Europe’s largest economy between October and December, German data showed on Friday, but euro zone consumer price growth is confirmed to have slowed slightly in January. David Pollard reports.

Source
Reuters Video: Business

RBS profit overshadowed by DOJ impasse

February 23rd, 2018

RBS profit overshadowed by DOJ impasse
Royal Bank of Scotland reports its first full-year profit in a decade, but Friday’s milestone is bitter-sweet for the British bank which had hoped to get a multi billion-dollar misconduct charge out of the way in 2017. Kate King reports.

Source
Reuters Video: Business

China seizes control of Anbang, chairman prosecuted

February 23rd, 2018

China seizes control of Anbang, chairman prosecuted
The Chinese government seizes control of Anbang Insurance and says its chairman has been prosecuted, a dramatic move that highlights Beijing’s willingness to curtail big-spending conglomerates as it cracks down on financial risk. David Pollard reports.

Source
Reuters Video: Business

Enterprise car rental ends NRA partnership

February 23rd, 2018

Enterprise car rental ends NRA partnership
Three car rental brands are ending their discount deals for National Rifle Association members.
Source
Latest financial news – CNNMoney.com

BMW plans to build electric Minis in China

February 23rd, 2018

BMW plans to build electric Minis in China
Mini production is moving out east.
Source
Latest financial news – CNNMoney.com

China's big conglomerates are no longer buying up the world

February 23rd, 2018

China's big conglomerates are no longer buying up the world
The party is over for some of China’s most acquisitive companies.
Source
Latest financial news – CNNMoney.com

The Hungarian Prime Minister's Feud With George Soros Escalates

February 23rd, 2018

The Hungarian Prime Minister's Feud With George Soros Escalates

Hungary’s government has proposed a series of draft laws it says will curb illegal immigration. Critics say the motivation is to cripple NGOs linked to U.S. financier George Soros.


Source
Business : NPR

A decade at RBS: $81 billion lost; $1 billion made

February 23rd, 2018

A decade at RBS: $81 billion lost; $1 billion made
At last! The Royal Bank of Scotland has turned a profit for the first time in a decade.
Source
Latest financial news – CNNMoney.com

Clear Plastic Bag With Designer Stamp Sells For $590

February 23rd, 2018

Clear Plastic Bag With Designer Stamp Sells For $590

The clear plastic bag looks pretty much like a grocery bag expect that it has a designer label. Celine Paris is stamped on it. Prepare to shell out nearly $600 to have that bag.


Source
Business : NPR

Asia wants some of Trump's infrastructure billions

February 23rd, 2018

Asia wants some of Trump's infrastructure billions
The US isn’t the only place where big investment in infrastructure is sorely needed.
Source
Latest financial news – CNNMoney.com